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SGS S.A.. (9/2/16). "Press Release: SGS Acquires 75 Percent Stake in Unigeo, Brazil".

Region Region Brazil
Organisation Organisation SGS S.A.
  Group SGS (Group)
Products Product precision agriculture services
  Product 2 AGRI LIFE SCIENCES
Index term Index term Unigeo Agricultura de Precisâo–SGS: investment, 201609 acquisition of 75% stake by SGS
Persons Person Ng, Frankie (SGS 201505 CEO)
  Person 2 de Buman, Jean-Luc (SGS 201505 Corp Development, Communications + PR)
     


SGS is pleased to announce the acquisition of a 75 percent stake in Unigeo Agricultura de Precisâo (Unigeo), Goiania City, Goias State in Brazil.

Unigeo is the market leader in precision farming services in Brazil and operates a network of 10 offices across 7 states. It provides a large client base with services such as soil sampling and mapping, satellite and drone imagery, interpretation of crop information and online software for farm monitoring and management.

Founded in 2005 and privately owned, Unigeo employs 170 highly skilled staff and is expected to generate 2016 revenues in excess of BRL 30 million.

“This acquisition is an important step in our strategy to expand precision agriculture services in Latin America and to diversify our service portfolio along the Agri-Food value chain,” said Frankie Ng, CEO of SGS.


For further information, please contact:

Jean-Luc de Buman
Corporate Development,
Communications & IR
SGS SA, 1211 Geneva 1
t: (+41-22) 739 91 11
f: (+41-22) 739 92 00
www.sgs.com


About SGS

SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 85,000 employees, SGS operates a network of over 1,800 offices and laboratories around the world.

   
Record changed: 2016-12-11

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